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BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. Cheng Xin | Getty Images News | Getty Images China imposed fresh trade restrictions on dozens of U.S. entities on Monday, retaliating against Washington’s move to add more Chinese companies to a Pentagon list of businesses it accuses of aiding Beijing’s military. On Monday, the Chinese Ministry of Commerce placed 10 American industrial suppliers on its export control list, including rare earth miners MP Materials Corp and USA Rare Earth, and drone…
Global business leaders back faster electrification shift Source link
Federal Reserve Chair Kevin Warsh speaks to reporters during his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC. Chip Somodevilla | Getty ImagesFederal Reserve Chairman Kevin Warsh’s first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually everything done to set policy and the approach used to get there.Following his first meeting at the helm Wednesday, Warsh outlined the plan — a sprawling, ambitious endeavor entailing five task forces that will utilize resources and experts within the Fed and from the outside. The…
Lime names Uber as anchor investor in upcoming IPO- The Information Source link
The U.S. and Iran made progress during talks in Switzerland on Monday toward reaching a final deal within 60 days, including the agreement to establish a committee and a mechanism to end hostilities in Lebanon.”The Lake Lucerne Summit was conducted in a positive and constructive atmosphere. Encouraging progress has been made, including the creation of a mechanism for further technical talks,” according to a joint statement by mediating parties Qatar and Pakistan. Building on a memorandum of understanding signed last week, the parties agreed to establish a “High Level Committee” that will provide political oversight of the mediation. Chief negotiators…
Softbank-backed robotics firm Coowa plans Hong Kong IPO- WSJ Source link
For the third time in four years, we appear on the brink of a prime minister announcing their plan to leave office, the BBC’s political editor writes. Source link
Uncertainty can feel scary, whether you’re a child or an adult.But in situations where you might not have control over an outcome, you can still help yourself and those around you feel more at ease with an unknown, just by how you describe a situation, according to Dr. Becky Kennedy, clinical psychologist and founder of parenting support platform Good Inside.Kennedy recommends a simple, three-step formula for parents to use with their kids and for leaders to use at work to help ease anxiety around uncertainty. It’s a strategy every parent and leader “should commit to memory,” she said during a…
June 21 (Reuters) – Lime, which operates an electric bike and scooter network, plans to name ride-hailing firm Uber as an anchor investor in its U.S. initial public offering, The Information reported on Sunday, citing a source. • Uber is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file on Monday, the report said. • Reuters could not immediately verify the report. Uber and Lime did not immediately respond to Reuters’ requests for comment. • San Francisco-based startup Lime is…
APA Corporation’s Forties Alpha oil platform in the North Sea.Courtesy: APA CorporationOil prices climbed Monday after U.S. President Donald Trump threatened renewed military action against Iran, raising concerns about the durability of a fragile interim peace agreement reached last week.Trump made the threat on Sunday, even as Vice President JD Vance met Iranian officials in Switzerland for the first talks under the interim accord. The meeting was overshadowed by Tehran’s announcement that it had once again closed the Strait of Hormuz, a key route for global oil shipments.International benchmark Brent crude futures for August jumped 1.23% to $81.56 a barrel.…
